NOT LISTED FOR SALE

Estimated Value: $761,645 - $1,034,000

1 Bed
1.5 Baths
982 Sq Ft
$1,374/mo HOA Fee

Last Sold April 20, 2021

Last sale price $630,000 $642 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $7,269/month

38 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Furnished
  • North Beach Elementary School Rated A-
  • Fitness Center
  • 3-minute walk to 36th Street Park

About This Home

As of April 2021

Furnished ready to move-in condo. Boutique Oceanfront Building in Miami Beach. Meticulously maintained Corner Condo located at The Caribbean. The Caribbean is in the heart of Miami Beach's Faena District. Rare Gas Range, Subzero refrigerator, and Miele appliances and full chef kitchen. Amenities include: Private Beach Service, Gym, Wine Cellar, Cigar Humidor, Front Desk. On Miami Beach's Boardwalk. Within blocks of Soho Beach House, Edition, Fontainebleau, and Faena.

Last Agent to Sell the Property

Ida Schwartz

Compass Florida, LLC. License #3027529 Listed on: 02/17/2021

Compass Florida, LLC.

Co-Listed By

Minette Schwartz

Compass Florida, LLC. License #3313904

Last Buyer's Agent

Stacy Robins

Stacy Robins Companies, Inc. License #3008087

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,969

Year Built

  • Built in 1941

HOA Fees

  • $1,374 Monthly HOA Fees

Parking

  • 1 Car Garage

Property Views

  • Ocean

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 982 Sq Ft Home
  • Furnished
  • Entrance Foyer

Kitchen

  • Gas Range
  • Dishwasher
  • Cooking Island

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

Additional Features

  • Accessible Elevator Installed
  • Property has ocean access
  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-26-052-0340

Community Details

Overview

  • 104 Units
  • Mid-Rise Condominium
  • The Caribbean Condo
  • The Caribbean Condo Subdivision
  • 6-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Business Center
  • Community Center
  • Party Room
  • Secure Lobby
  • Elevator

Recreation

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Secure Elevator
  • Impact Glass
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,969

Year Built

Built in 1941

Lot Details

0

HOA Fees

$1,374 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1941
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Co List Office Mls Id: COMP01
  • Co List Office Phone: 305-851-2820
  • Entry Level: 5
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: THE CARIBBEAN CONDO
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Range, Washer
  • Interior Amenities: First Floor Entry, Cooking Island, Elevator, Entrance Foyer, Walk-In Closet(s)
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Other
  • Furnished: Furnished
  • Living Area: 982
  • Other Equipment: Elevator
  • Possible Use: Unknown/Withheld
  • Stories: 6
  • Window Features: Impact Glass
  • Bedroom Features: Entry Level

Exterior Features

  • View: Ocean View, Skyline
  • Exterior Features: East Of Us1
  • Construction Type: CBS Construction
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: THE CARIBBEAN CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Covered, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector, Doorman, Elevator Secure, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 1374
  • Amenities: Business Center, Community Room, Elevator(s), Exercise Room, Heated Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-26-052-0340
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 1374
  • Number Of Units In Community: 104
  • Number Of Units Total: 104

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 7969

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2021
Closed on
Apr 20, 2021
Sold by
The Luciani Family Limited Partnership
Bought by
Caribbean N507 Llc
Seller's Agent
Ida Schwartz
Compass Florida, LLC.
Buyer's Agent
Stacy Robins
Stacy Robins Companies, Inc.
List Price
$649,000
Sold Price
$630,000
Premium/Discount to List
-$19,000
-2.93%
Total Days on Market
38
Current Estimated Value
$935,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,411
Avg. Annual Appreciation
10.07%

Purchase Details

Closed on
May 6, 2011
Sold by
Maltais Jean Pierre
Bought by
Luciani Family Limited Partnership
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Caribbean N507 Llc $630,000 Chicago Title Insurance Co
Luciani Family Limited Partnership $410,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2021 04/20/21 Sold $630,000 -2.9% $642 / Sq Ft
03/27/2021 03/27/21 Pending -- -- --
02/17/2021 02/17/21 For Sale $649,000 -- $661 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $11,174 $624,277 -- --
2023 $11,174 $567,525 $0 $0
2022 $9,694 $515,932 $0 $0
2021 $7,783 $403,072 $0 $0
2020 $8,301 $428,800 $0 $0
2019 $11,500 $670,927 $0 $0
2018 $10,532 $670,927 $0 $0
2017 $10,151 $452,992 $0 $0
2016 $9,410 $411,811 $0 $0
2015 $8,713 $374,374 $0 $0
2014 $6,915 $340,340 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11000801

MIAMI REALTORS® MLS

APN: 02-3226-052-0340